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Session 1: Ethical and Professional Standards
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7 @& h1 [& P- C1 ]Reading 2-II: Standards of Professional Conduct & Guidance: Integrity of Capital Markets, D2 H8 R1 F- X5 j- M
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LOS B.: Market Manipulation.; Y0 [# R. p# K
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Steve Waters, a CFA Level I candidate, has decided to enter into a long position of Farmco stock. Since Farmco is thinly traded, Waters is concerned the order will overwhelm the liquidity of Farmco and the price will surge. Waters engages in a series of block trades in order to accomplish the purchase. According to Standard II(B), Market Manipulation, Waters has engaged in:4 e, Z$ \5 o! Q6 Q' b
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发表于 2015-12-15 18:13:54
发表于 2019-5-20 13:22:13